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NJ Private Colleges Fight $4M Cut, Seek Fair Funding
Description
New Jerseys private colleges face a significant four-million-dollar cut in state operating aid, while public universities see flat funding. This proposed reduction, from nine point six million to five point six million, is despite a state surplus of one point seven billion. The private institutions, which educate sixty-three thousand students and employ twenty thousand workers, argue that this is unequal treatment. The cuts could lead to tuition hikes, enrollment drops, and inflation, potentially pushing students to out-of-state options. With the deadline approaching, lawmakers are pushing for a long-term higher ed plan to prevent more closures like Bloomfield Colleges.
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